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( d o the missing answers ) On August 3 1 , the balance sheet of Kingbird, Inc. showed Cash $ 1 0 , 0

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On August 31, the balance sheet of Kingbird, Inc. showed Cash $10,000, Accounts Receivable $2,700, Supplies $600, Equipment $6,000, Accounts Payable $4,600, Common Stock $13,950, and Retained Earnings $750. During September, the following transactions occurred.
1. Paid $3,300 cash for accounts payable due.
2. Collected $2,000 of accounts receivable.
3. Purchased additional equipment for $1,150, paying $750 in cash and the balance on account.
4. Recognized revenue of $8,100, of which $2,250 is collected in cash and the balance is due in October.
5. Declared and paid a $450 cash dividend.
6. Paid salaries $2,050, rent for September $1,050, and advertising expense $100.
7. Incurred utilities expense for month on account $250.
8. Received $14,000 from Capital Bank on a 6-month note payableAssets
Accounts Receivable
Supplies
Equipment
Liabilities and Stockholders' Equity
Notes Payable
$
Accounts Payable
$
Stockholders' Equity
Common Stock
Retained Earnings
Total Stockholders' Equity
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